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Ares Management Raises FYBR Stake to 14.3%

March 30, 2023

Today's most significant insider transaction report is a Form 4 filing by Ares Management, which revealed a purchase of roughly $26.4 million in Frontier Communications Parent $FYBR.

The hedge fund now owns 36 million shares, which represents an ownership stake of 14.3%.

The CEO of Kohl's Corporation $KSS filed a Form 4 disclosing a purchase of $2,018,350.

Here’s The Hot List, with data through March 29, 2023:

The CEOs of Calavo Growers $CVGW and Petco Health and Wellness Company $WOOF filed Form 4s reporting purchases of their own stock.

There was also insider activity in Central Securities Corp $CET and Hudson Pacific Properties $HPP.

In the options market, there was bullish flow in Cameco Corporation $CCJ, General Motors Company $GM, EQT Corporation $EQT, and On Holding AG $ONON.

Stay tuned. We'll be back on Friday with more insider activity.

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All Star Charts Team

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